25, FAIRISLE, OUSTON, CHESTER LE STREET, DH2 1JT - £160,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 FAIRISLE is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £160,000 in March 2017, which was about the average March 2017 detached price in the County Durham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

25 FAIRISLE Sold Prices

Land registry data shows two sales for 25 FAIRISLE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the two 25 FAIRISLE sales was roughly equal to the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 16 MAR	£160,000	£160,722	Close to HPI
2006 11 AUG	£153,000	£182,650	16% below HPI

25 FAIRISLE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 25 FAIRISLE sales from August 2006 and March 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2017 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 25 FAIRISLE?

25 FAIRISLE is 69m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Ouston, based on EPC data. The below chart shows the distribution of detached houses by size in Ouston, and where 25 FAIRISLE lies on this distribution: Less than 1% of detached houses are smaller than 25 FAIRISLE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ouston.

25 FAIRISLE: Plot and Title Map

25 FAIRISLE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 25 FAIRISLE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 25 FAIRISLE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 25 FAIRISLE?

25 FAIRISLE is located in OUSTON, in the DH2 postcode district. The below map shows the position of No. 25 on FAIRISLE.